Why Congress Will Never Cut Spending
'We'll fight it tooth and nail!' Under no circumstances!'
A textbook example of why Washington will never cut spending.
One minute highlight clip. K Street lobbyists own Capitol Hill.
On Squawk Box this morning, David Crowe CEO of the National Association of Home Builders insists that the mortgage interest deduction not be eliminated.
---
Full interview:
Housing rebound not so strong.
Housing Market May Not Be as Healthy as It Appears
David Crowe, National Association of Home Builders, sifts through the data and explains why the housing market may not be as healthy as it appears, and why he believes there will be no real momentum in the sector for the remainder of the year.
Reader Comments (14)
I have long agreed with you. It would not be a simple task, but public financing is probably the only solution.
Why, they're the world's biggest penny-pinchers, right?
Look, you think you can solve things by giving a little more taxes so that they will "compromise" and balance the budget? You are deluded. The people inside the Beltway are sociopaths who will NEVER be satisfied until they own and control everything and you are in chains and helpless. No more for them. Not new taxes on mortgage interest, not new regulations on how they steal our income, not a new anything. They are liars and thieves, and the only reason why you are even alive is that they have not yet figured out how to make a bigger profit by killing you.
Wake the h*&l up!
The mortgage interest deduction is grossly unfair to renters and is a boondoggle for taxpayers. And, yes I'm a homeowner. There is no reason to give a tax break to anyone who pays more than $500k for a home. Period. It is off the charts ridiculous.
Federal control over those interstate projects? Perhaps, and depending.
Making a living out of lending other people other people's money, regardless?
Powerful enough to make that very industry APPEAR the most profitable because most necessary?
That is evil.
I am with Jason.
Take banking and finance out of life altogether, as an industry unto its own,
and the world will be a much better place in a generation.
People will continue to work and to build and to rebuild.
Heal.
Because when left to their own devices they will do what they love to do.
And mostly that involves caring for others and being cared for, when we are sincere.
Some may have a difficult time adjusting.
The rest of us will rather easily coordinate and commune.
The psychopathy must end.
well, your dumber than a box of rocks.
Tax Jack more to pay for my chains,
it's not your fault I have no brain.
@ Paris, very good point. I apoint you to head it up. Question, where are you going to start. Who are you going to sit down, and hear what you have to say....?
Today its them on the inside, and us on the out side. 1900 would of been the last year we could of done something about goverment gone wrong. And im not sure we could of did anything about it evan then......
~~~~~~~~~ Were Fu*ked ~~~~~~~~~~~~~and dun run out of ways to save our self's !